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85-- 003833 h 6',, To use the loan evidenced by the note solev for purposes autor zed bt the Government. To pay' when due all taxes, liens. judgments, encumbrances. and assessments lawfully attaching to or assessed against the pro including all charges and assessments in connection, with water, water rights, and water stack pertaining to or rusonably natssary to the use of the teal prapertV described above, and all taxes and assessments levaed upon this mortgage or the note or any indebtedness hereby secured or against any ]cf,al holder hereof or of the ante or of said in- to debtedness under the laws of Nebraska, and promptly deliver to the Government without demand receipts evidencing such Payments. ( g) To keep the property insured as required by and under insurance policies approved by the Government and, at its reques to deliver such policies to the GOVCTnrn ent. '9) To maintain impprovements in good repair and make repairs required by the Government: operate the property in a good and husbandmattle manna: comply with sorb farm conservation practices and farm and home management plans as the Government from time to tune mac prescribe: and not to abandon the property, or cause or Per waste, lessening or impairment of the security covered hereby, or, without the written consent of the Government, cut, remove, or lease tine timber, gravel, oil, gas, coal, or other minerals except as may be necessary for ordinan domestic purposes. 10) To comply with all laws, ordinances, and regulations atiecting the property . Ala) To pay or reimburse the Government for expenses reasonab}v necessary or in to the protection of the lien and priority hereof and to the enforcement of or the compliance with the provisions hereof and of the note and any rvev of agreement (whether before or after default), including, but not limited to costs of evidence of title to and survey of the propem'. costs of recording this and other instruments, attorneys' fees, trustees' fees, court costs, and expenses of adver- tising, selling and conveying the Property ed. sold, transferred, or 121 Neither the property nor tiny portion thereof or interest therein shall be ]eased, Government encumbered voluntarily ar otherwise. without the written consent of the Government. The Government shall have the sole -rid exclusive rights as mortgagee hereunder, including but not limited to the power to grant consents, partial releases, sub - otdinations. and satisfaction, and no insured holder shall have an rights, title or interest in or to the lien or any benefits hereof. 31 ert At all reasonable times the Government and its agents may inspect the Propy to ascertain whether t e cov- Aenants and agreements contained herein or in any supplementan' agreement arc tieing performed l-0} The Gnverrment mac !ai extend ar defer the maturity ot. and renew and reschedule the payments pOn- the debt evidenced by the note or any indebtedness to the Government secured by this instrument- ;b) release any party who is liable under the note or for the debt from liability to the Government. c`- release portions of the property and subordinate its lien. and !d waive any ou^.er of its rights under this instrument. Anti and all this can and w: be done without affecting rite lien or he priority' of this instrument oz Borrower's or any other party's liability to :he Government for payment of the note or debt secured by this instrument unless the Government says otherwise in writing. HOWEVER. any tortxuancc by oft exercising any right ar remedy under this instrument, or otherwise afforded by the Government– wheth er once or o applicable law, shall not be a- waiver of or preclude the exercise of any such right or remedy. !15',. if at any time it shall appear to the Government that Borrower may be able to obtain a loan from a production credit association, a f=ederal I nda eriodstof t meDBorrower willrupan he private avtr pen request, apply folr and accepterm� for loans for similar purposes P loan in sufficient amount to pay the note and ant' indebtedness secured 'rerebv and to pay for any stock necessary to be Purchased in a cooperative finding agency in connection with such loan. 16; Default hereunder shall CO nstivait default under any other rea eswte, or under am personal It and or other. Sec1'rity instrument held Or insured he the Government and exec uteri O: assumed ley Barrow•":. and default under any such other securin instruments hall constitute uC2alllI hereunder- y u�ar ge of any obligation in this instrument or secured 1-v '17 SHCWLD DEFAULT occur ir. the Per`ermancc �u this instrument. ar should the parties narnrd as Borrower die or be declared an in —petent, or should any one of the pieties named as Borrower be declared a bankrupt, or an insolvent nr make an assignment tier the �eneft of creditors. the Govern- ment, at its option, with or without notice. ma} : a declare the entire amount unpaid under the note and any indebtedness za the Government herelsv- secured immediately due and payable. b' ter She account of Borrower incur and pay reasonable expenses for repro or maintenance of and take possession oi, operate o: rent -he property. !c upon at be it and Production of this nsttuMent. w-ithout other evidence and without notice of hearing of said appluanon, have a receiver appointed for the property. with -he usual powers of receivers in i l e cases. rd' foreclose this instrument as provided herein or by taw, and ! "e enforce any and all other rights anti remedies provided herein , b}' present or future law. AB) The proceeds ole shall! be applied in the following order to the payment oi f foreclosurr sale : *a costs and expenses ;1 incident to enforcing or complying with the provisions hereai, b. any prior liens required b�. law or a tom einf court to be sa paid, �Cc the debt evidenced b}' the note and all indebtedness to the Government secured hereby. �� infCT liens a! Boy- record required bc, law' o: a competent court be so paid. 'e a *. the Government's option, an}' other indebtedness of Bor- rower owing to or insured b�, the Government, and `f'•: any balance to Barrawe.. At foreclosure ar other sale of all or any par. of the pproperty. the Government and its agent -s ma} bid and purchase as a saangr and matt pa the Government's shoe of the purchase price by crediting such amount an anN debts of Borrower owing to ar, insured by the Government, in the order prescribed above. ?19) Borrower agrees that the Government will not le bound by any present ar future Stair law', ,a' providing Sc >r valuation. appraisal. homestead ar exampdon of the property. :'hl prohibiting maintenance of an action. for a deticien.-v judgment or limiting the amount thereof ar the time within which such action must be brought. ',c' prescribing, any other statute of limitatio :s, !d; allowing any right of redemption or Posse ion following ant foreclosure it masale, or 'e limiting the conditions which the Government Wray by regulation impose. including the interest rate it may charges. as a condition et approving a transfer of the ptupery to a new Bourg ` }orowrr expressly" waives the heneirt of any such State law's. I 1 I